Fire at Pertamina oil pipeline in E. Kalimantan

A fire broke out on an oil pipeline at state-owned oil and gas company Pertamina’s Refinery Unit (RU) V in Balikpapan, East Kalimantan, reportedly...

GoPay to be available at 7,000 JNE outlets

Courier service and logistics company PT Tiki Jalur Nugraha Ekakurir (JNE) and GoPay e-wallet, a subsidiary of Gojek announced on Tuesday its partnership to...

Indonesia backs Georgieva nomination for new IMF chief

  Indonesia has voiced its support for the nomination of Kristalina Georgieva, currently chief executive officer of the World Bank, as the new chief of...

Jokowi warns on danger of hotspots as dry season hits

President Joko "Jokowi" Widodo, who used to plant trees in forests as a state firm employee, has lectured the authorities on the basics of...

Indonesia to use ‘night market’ concept for Dubai Expo 2020 exhibition

Indonesia will use a night market concept for its exhibition at the Dubai Expo 2020 in the United Arab Emirates (UAE) in October next year,...

Indosat Ooredoo to expand 4G coverage to 90 percent by yearend

Telecommunications company Indosat Ooredoo plans to invest Rp 2 trillion (US$140.5 million) to expand its nationwide 4G network coverage from 81 percent to 90...

IDX to open special board for SMEs, ease listing ruling

The Indonesia Stock Exchange (IDX) is set to launch a special board later this year for publicly listed small and medium enterprises (SMEs) to...

Processed food subsidiary helps maintain Indofood’s H1 sales performance

Food manufacturer conglomerate PT Indofood Sukses Makmur booked a positive financial performance throughout the first half of this year thanks to the increased sales...

Consumer prices rise 0.3% in July as bird’s eye chili drives inflation

Consumer prices in Indonesia rose 0.31 percent in July as prices of volatile food products, mainly chili, soared in the month. The figure is lower...

Chinese billionaire indicted in $1.8bn tariff evasion scheme

The Chinese billionaire founder of metals giant Zhongwang has been indicted in the United States for his alleged role in an elaborate scheme to...

Body of India coffee tycoon found as letter hints at debt woes

V.G. Siddhartha, the founder of India’s biggest coffee chain, has been confirmed dead days after he purportedly wrote a letter indicating he was anxious...

Solar energy association criticizes govt’s renewable energy policy

The Indonesian Solar Energy Association (AESI) has criticized the issuance of four ministerial regulations that it claims do not support the government’s clean energy development program. The...

Angkasa Pura II to manage three more airports this year

State-owned airport operator Angkasa Pura II is to soon manage three more airports this year, namely Fatmawati Soekarno Airport in Bengkulu, Radin Inten II...

Santini Group to build Luwansa hotel in Manado

The diversified Santini Group conglomerate has begun construction of a Luwansa four-star hotel in Manado, North Sulawesi, having invested Rp 200 billion (US$14.2 million)...

Gudang Garam enters road construction business

PT Gudang Garam Tbk (GGRM), one of the country’s major cigarette producers, will expand into the road construction business to increase the company’s sources of...

Amazon’s push for one-day delivery dents profits, costs up 21 percent

Amazon.com on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer...

Google parent Alphabet Q2 profit triples to $9.9 billion

Google parent Alphabet's stock price leapt Thursday after reporting stronger-than-expected results driven by gains in online advertising. The internet giant said profits tripled in the...

Unilever’s profit slightly up in first half as sales stagnate

Consumer goods giant PT Unilever Indonesia has booked a slight increase in profit during the first half of this year as the firm's sales...

Indonesia mulls panda bonds as Chinese currency gains prominence

The increasing use of the Chinese renminbi in international trade may prompt the government to issue debt papers in the currency in the near...

PT SEI unveils renewable energy-based smart lights

Renewable energy-based lighting manufacturer PT Santinilestari Energi Indonesia (SEI) has started operations of its newest factory in Pasuruan, East Java, becoming the first company...

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